The Software as a Service (SaaS) space appears to be heating up further, as investors continue to funnel substantial amounts of investments into the rapidly growing industry. Even amidst the COVID-19 pandemic, investors continue to be bullish on the

The nutritional status of children under five in Sri Lanka has not shown a significant improvement for the last 20 years, according to the Demographic and Health Surveys (DHSs) of the Census and Statistics Department.

Lockdowns and restricted mobility have devastated labour markets across the world. According to the International Labour Organization (ILO), the equivalent of 225 million jobs was wiped away globally due to employment and working hour losses in 2020

The impact of COVID 19 virus not only infected lungs of humans but also the heart of Sri Lankan economy at large in terms of employment, gross domestic product, worker remittance, foreign reserves, income distribution and many other economic and soci

Chairman of Ceylon Petroleum Storage Terminal Ltd (CPSTL) M. Uvais Mohamed, in an interview with Daily Mirror explains how the financial situation of his organization improved in the recent past. Excerpts of the interview:

Sri Lanka’s apparel sector continues to beat the odds to remain competitive in the global space but just as it tackles one hurdle, crops up another.

A recent resolution by the European Parliament to consider a temporary withdrawal of the Generalised Scheme of Preferences (GSP+) is the latest blow to the less than two-year-old Gotabaya Rajapaksa government. The European Parliament resolution, ado

A decade and half ago we would not have expected a tuk tuk driver, a fishmonger or a farmer to carry a smartphone.

The COVID-19 pandemic exerted significant downward pressure on global trade as well as the global economy at large.

Sri Lanka’s fiscal landscape left much to be desired even before the repercussions of the COVID-19 pandemic were felt. One year into the pandemic, the country’s already tight fiscal space has become further constricted, leaving some tough decisio

The year 2020 saw close to 1.6 billion students from over 180 countries being kept out of schools for extended periods of time, in response to the COVID-19 pandemic. Despite the commendable efforts by many countries to put in place alternative remote

On the front page of The New York Times’ March 27 edition, a staggering chart illustrated the COVID-19-induced unemployment level in the US.

Recently the Sri Lankan parliament passed the Colombo Port City Economic Commission Bill, creating a city-based special economic zone.

In a world where confrontational geopolitics and the concentration of production of crucial industrial components like semiconductors and medical supplies in particular locations are high, the call for self-reliance has become a political stampede.

Tobacco use is a major global healthconcern claiming eight million lives annually. Sri Lanka has made major strides in reducing the overall smoking prevalence rate in recent years, but tobacco still claims more than 20,000 lives each year.

Traditionally, retailers always had a strong hold in people’s hearts as the go-to destination to grab essentials, pick up a treat, get advice and spend time with friends. But, over time, those levels of familiarity and trust have weakened, as the s

The Transgenerational Entrepreneurship Practices (STEP) Project, Global Consortium and KPMG Private Enterprise came together in June of 2020 to find out what family business leaders around the world were doing to respond to the impact of COVID-19. Da

It’s as good a time as any to discuss cryptocurrencies and blockchain technology. The reason being that we seem to be in a truly transitional period of time. To anyone paying attention, it might appear evident that the traditional economic structur

Asian consumer groups engaged with reducing smoking and tobacco-related harm charged that health authorities and western anti-tobacco lobby groups often got in the way of shifting consumers towards less harmful products.

Asia-Pacific emerging and frontier markets continue to evolve rapidly. With insights from authors based in 11 local markets, this publication offers insights about regulatory developments, market structure and financial history in the region.

The Hotels Association of Sri Lanka (THASL) is deeply concerned by the exponential increase in COVID-19 cases and deaths across the island. We wish to express our fullest support to the government, medical professionals, tri-forces and civil servants

Sri Lanka’s tourism sector had to grapple with a series of challenges in the past. Despite the difficulties, the industry has been successful in coming out stronger with every impact.

It was with some amusement that I read the article titled ‘Interest rate policy: Is it a punitive measure?’ written by Chandrasena Maliyadde, which appeared in the Daily Mirror on May 17, last Monday. It is a critique of my article, ‘Low intere

In early 2020, when the COVID-19 lockdown began, Sri Lanka’s food supply chain was significantly disrupted, leaving farmers and consumers to face the adverse effects of the pandemic. Wholesale and retail markets were closed and traders were encoura

The word ‘sustainability’ is often distorted without being used in ecological context to get its proper meaning. In simple terms, we have the responsibility to protect the right of future generations to live in a safe environment.

Fast-tracking development is at the core of all efforts in Sri Lanka’s journey towards progression and with technology evolving at a rapid pace across the world, the island nation has acknowledged and understood the importance of getting onboard th

An effective vaccination strategy is a necessity for countries to move beyond COVID-19. However, it also requires careful policymaking to balance the financial cost of purchasing and delivering vaccines while stimulating economic growth.

Sri Lanka is in a conundrum. its present governance has approved China’s extra-jurisdictional Special Economic Zone (SEZ) in Colombo Port City, right next to its commercial port.

The provisions of the Port City Bill, if enacted, will erode the legal and political sovereignty of Sri Lanka in a number of ways.

The media reported, a few days ago the Presidential ban on agrochemicals from the next Maha season, apparently with a total Cabinet nod.